hv_
Legendary
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Activity: 2534
Merit: 1055
Clean Code and Scale
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June 04, 2018, 11:58:00 AM |
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Carpe diem - understand the White Paper and mine honest. Fix real world issues: Check out b-vote.com The simple way is the genius way - Satoshi's Rules: humana veris _
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hv_
Legendary
Offline
Activity: 2534
Merit: 1055
Clean Code and Scale
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June 04, 2018, 03:01:52 PM |
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Have fun with a Bitcoin show at German Bayern LB https://vimeo.com/272512178But - Bitcoin CAN scale !
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Carpe diem - understand the White Paper and mine honest. Fix real world issues: Check out b-vote.com The simple way is the genius way - Satoshi's Rules: humana veris _
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sirsplashalot
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June 04, 2018, 03:56:42 PM |
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It's a shame to watch this type of content. You'll probably agree with me on this. Bitcoin for use of a 'store of value' or 'digital gold' or for ETF adoption is perhaps the most irresponsible use for any cryptocurrency for 2 reasons. 1. UsefulnessOther commodities and precious metals have purpose. In production create job demand and encourages international trade to strengthen the world economy. Bitcoin is mined without human use. 2. ScarcitySome argue that Bitcoin is scarce given theres 21 million that exist. But among the Bitcoin supply of 21 million Bitcoins there are thousands of Cryptocurrencies, some much better suited for the 'store of value purpose.' These cryptocurrencies can be created essentially out of thin air and cannot be compared to commodites with sentiment. Nothing will stop a powerful nation or group of individuals from creating another cryptocurrency for a store of value or 'digital gold.' For this reason, the alternative is a peer to peer decentralised cash system built to sustain a global network of transactions for individual and merchant use. This is why Bitcoin Cash exists. This 'digital gold' face of Bitcoin is hardly worth a conference and Proof of Stake is no better then our central banking system with the top selling of their inflated interest.
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Worried about my trust rating? I am too. Bitcointalk users ‘Lauda’ and ‘gmaxwell’ have abused their superior powers in trust system to align their views with the ‘correct views.’ In no legal system in any jurisdiction do we have a definition for what Bitcoin is, they do not have the power to tell us what it is based on the rule of law.
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ssvenss
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June 04, 2018, 03:59:12 PM |
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BCH apparently now passes the stage of accumulation, the manipulator is gaining volumes BCH purchasing it at current price, I think the pump will be very soon
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sirsplashalot
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June 04, 2018, 04:35:25 PM |
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BCH apparently now passes the stage of accumulation, the manipulator is gaining volumes BCH purchasing it at current price, I think the pump will be very soon
A pump in BCH is much different then any other cryptocurrency market. Given the panic debate of BTC and BCH and that the majority of cryptocurrencies are paired with Bitcoin in trading, the whole cryptocurrency market tends to crash, aside from BCH of course. What BCH needs is more trading pairs with other cryptocurrencies.
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Worried about my trust rating? I am too. Bitcointalk users ‘Lauda’ and ‘gmaxwell’ have abused their superior powers in trust system to align their views with the ‘correct views.’ In no legal system in any jurisdiction do we have a definition for what Bitcoin is, they do not have the power to tell us what it is based on the rule of law.
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ssvenss
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June 04, 2018, 04:47:22 PM |
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BCH apparently now passes the stage of accumulation, the manipulator is gaining volumes BCH purchasing it at current price, I think the pump will be very soon
A pump in BCH is much different then any other cryptocurrency market. Given the panic debate of BTC and BCH and that the majority of cryptocurrencies are paired with Bitcoin in trading, the whole cryptocurrency market tends to crash, aside from BCH of course. What BCH needs is more trading pairs with other cryptocurrencies. I think we can easily see the price of 0.3 and maybe 0.4 BTC for 1 coin BCH, it all depends on the weight of our balls, how much we can keep coins
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bitcoinPsycho
Legendary
Offline
Activity: 2618
Merit: 2369
$120000 in 2024 Confirmed
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June 04, 2018, 04:49:42 PM |
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BCH apparently now passes the stage of accumulation, the manipulator is gaining volumes BCH purchasing it at current price, I think the pump will be very soon
you keep telling yourself that
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$100,000 BTC in one hour
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bitcoinPsycho
Legendary
Offline
Activity: 2618
Merit: 2369
$120000 in 2024 Confirmed
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June 04, 2018, 04:50:56 PM |
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BCH apparently now passes the stage of accumulation, the manipulator is gaining volumes BCH purchasing it at current price, I think the pump will be very soon
A pump in BCH is much different then any other cryptocurrency market. Given the panic debate of BTC and BCH and that the majority of cryptocurrencies are paired with Bitcoin in trading, the whole cryptocurrency market tends to crash, aside from BCH of course. What BCH needs is more trading pairs with other cryptocurrencies. I think we can easily see the price of 0.3 and maybe 0.4 BTC for 1 coin BCH, it all depends on the weight of our balls, how much we can keep coins best laugh I've had all day .weeeeeee
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$100,000 BTC in one hour
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Zin-Zang
Member
Offline
Activity: 364
Merit: 13
Killing Lightning Network with a 51% Ignore attack
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June 04, 2018, 04:56:10 PM Last edit: June 04, 2018, 05:09:45 PM by Zin-Zang |
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Proof of Stake is no better then our central banking system with the top selling of their inflated interest.
The Answer to the above issue is easy, you design a Proof of Stake System with an Ultra Low Inflation/Interest rate. By making the rate ultra low , you assure that the system stays fair for all , and that anyone selling any amount of real value is selling from their principle and not interest alone. This ends the so called Rich only get richer myth in Proof of Stake. The Energy Efficiency of Proof of Stake verses Proof of Work can not be denied. *Interesting enough the Miners that are rich that get richer , no one worries about in Proof of Work.* Due to the financial costs of running warehouses full of ASICS, has Centralized Bitcoin mining to the Already Rich. No one seems to worried about the environmental damage or costs inflicted on the Old & Poor by Miners increasing electricity rates across a region.Typical Bitcoin Miner Photo when asked about their insane electricity usage. Just staring at their profits, with no concern for anyone else.
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I was Red Tagged because Lauda Blows Theymos to get back on DT The rest are just lauda's personal butt monkeys=> Hhampuz , Vod, TMAN , achow101
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hv_
Legendary
Offline
Activity: 2534
Merit: 1055
Clean Code and Scale
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June 04, 2018, 05:16:41 PM |
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That is so true for billions and worth supporting ASAP. Not wait for 18months https://mobile.twitter.com/imkeshav/status/1002596637556944896
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Carpe diem - understand the White Paper and mine honest. Fix real world issues: Check out b-vote.com The simple way is the genius way - Satoshi's Rules: humana veris _
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sirsplashalot
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June 04, 2018, 05:19:25 PM |
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Proof of Stake is no better then our central banking system with the top selling of their inflated interest.
The Answer to the above issue is easy, you design a Proof of Stake System with an Ultra Low Inflation/Interest rate. By making the rate ultra low , you assure that the system stays fair for all , and that anyone selling any amount of real value is selling from their principle and not interest alone.This ends the so called Rich only get richer myth in Proof of Stake. The Energy Efficiency of Proof of Stake verses Proof of Work can not be denied. *Interesting enough the Miners that are rich that get richer , no one worries about in Proof of Work.* Due to the financial costs of running warehouses full of ASICS, has Centralized Bitcoin mining to the Already Rich.For the first bolded point, this is the flaw, there is no 'assuring' that. Look at the disaster our 'trusted third party' banks have done. As for the second point in bold, the miners also SUPPORT the network and therefore deserve the fees, this is why it is called 'Proof of Work.' As for the energy efficiency argument, I've said this many times. Alternative energy is possible and if we were to take Bitcoin Cash as seriously as far a making it a globally adopted currency, billions would be invested into these alternative energy sources if the desire was there. China runs on coal and thats the problem, not Bitcoin Cash. Lets also remember how many bank related services would not be running 24/hours a day. The energy efficiency articles are often overstatements without any real factual backing. Those statistics are often kept quiet. Its important to care about the environment for future generations, but there are alternatives here.
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Worried about my trust rating? I am too. Bitcointalk users ‘Lauda’ and ‘gmaxwell’ have abused their superior powers in trust system to align their views with the ‘correct views.’ In no legal system in any jurisdiction do we have a definition for what Bitcoin is, they do not have the power to tell us what it is based on the rule of law.
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Nagyyssa
Newbie
Offline
Activity: 34
Merit: 0
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June 04, 2018, 05:24:48 PM |
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Bitcoin Cash will soon become useless to anyone with the introduction of lightning network in the network bitcoin
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sirsplashalot
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June 04, 2018, 05:29:28 PM |
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Bitcoin Cash will soon become useless to anyone with the introduction of lightning network in the network bitcoin
Come back in 18 months.
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Worried about my trust rating? I am too. Bitcointalk users ‘Lauda’ and ‘gmaxwell’ have abused their superior powers in trust system to align their views with the ‘correct views.’ In no legal system in any jurisdiction do we have a definition for what Bitcoin is, they do not have the power to tell us what it is based on the rule of law.
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jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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June 04, 2018, 05:56:44 PM |
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It's a shame to watch this type of content. You'll probably agree with me on this. Bitcoin for use of a 'store of value' or 'digital gold' or for ETF adoption is perhaps the most irresponsible use for any cryptocurrency for 2 reasons.
1. Usefulness
<blah,blah>
2. Scarcity
<blah,blah>
Go home, grandpa-you're drunk.
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Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.
I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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Zin-Zang
Member
Offline
Activity: 364
Merit: 13
Killing Lightning Network with a 51% Ignore attack
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June 04, 2018, 05:58:19 PM |
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Proof of Stake is no better then our central banking system with the top selling of their inflated interest.
The Answer to the above issue is easy, you design a Proof of Stake System with an Ultra Low Inflation/Interest rate. By making the rate ultra low , you assure that the system stays fair for all , and that anyone selling any amount of real value is selling from their principle and not interest alone.This ends the so called Rich only get richer myth in Proof of Stake. The Energy Efficiency of Proof of Stake verses Proof of Work can not be denied. *Interesting enough the Miners that are rich that get richer , no one worries about in Proof of Work.* Due to the financial costs of running warehouses full of ASICS, has Centralized Bitcoin mining to the Already Rich.For the first bolded point, this is the flaw, there is no 'assuring' that. Look at the disaster our 'trusted third party' banks have done. As for the second point in bold, the miners also SUPPORT the network and therefore deserve the fees, this is why it is called 'Proof of Work.' As for the energy efficiency argument, I've said this many times. Alternative energy is possible and if we were to take Bitcoin Cash as seriously as far a making it a globally adopted currency, billions would be invested into these alternative energy sources if the desire was there. China runs on coal and thats the problem, not Bitcoin Cash. Lets also remember how many bank related services would not be running 24/hours a day. The energy efficiency articles are often overstatements without any real factual backing. Those statistics are often kept quiet. Its important to care about the environment for future generations, but there are alternatives here. Their is no flaw, Bankers use a Loan System to Create Unlimited Sums out of thin air, of which they have completely Centralized Control. A Well Designed Proof of Stake System using ULI is Decentralized , as no one can confiscate or deny transactions like in the banking system. As far as your alternative energy , that is beyond nonsense. The alternative energy is growing at 2.6% per year max and that is projected until 2040. It is a joke, at the insane rate bitcoin is pulling power, you need a New Nuclear Power Plant running at full capacity almost on a bi-weekly basis starting in late 2019 . Due to regulatory restrictions , that is never going to happen. The more likely scenario is that World Governments begin blocking Bitcoin Mining and only allow their chosen few to receive the electricity for bitcoin mining. This gives the world governments the power to choose only those that will comply with their requests on which transactions to include in the blockchain and which address to blacklist. They may not be able to steal the funds, but they will force the miners to freeze in place anyone's bitcoin they so deem enemies of the state. The Insane Energy waste is a security vulnerability because it further increases Centralization of bitcoin , not a security benefit as some in here so foolishly believe. In the end result , a Centralized bitcoin will be no better than a Centralized Banking System. Decentralization is the key to avoiding Government Control and Censorship from Totalitarian Regimes.
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I was Red Tagged because Lauda Blows Theymos to get back on DT The rest are just lauda's personal butt monkeys=> Hhampuz , Vod, TMAN , achow101
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lsd400
Member
Offline
Activity: 189
Merit: 12
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June 04, 2018, 06:10:04 PM |
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Bitcoin Cash will soon become useless to anyone with the introduction of lightning network in the network bitcoin
Maybe the next year but who knows... While on BCH https://twitter.com/keyportapp/status/1003314779656630272p2p encrypted messaging app on BCH blockchain
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CRYPTO America KING
Member
Offline
Activity: 210
Merit: 10
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June 04, 2018, 07:03:37 PM |
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FIFA WORLD CUP IS STARTING FROM 14TH JUNE GREAT TIME TO BUY BCH BITCOIN CASH
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sirsplashalot
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June 04, 2018, 07:35:01 PM |
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Proof of Stake is no better then our central banking system with the top selling of their inflated interest.
The Answer to the above issue is easy, you design a Proof of Stake System with an Ultra Low Inflation/Interest rate. By making the rate ultra low , you assure that the system stays fair for all , and that anyone selling any amount of real value is selling from their principle and not interest alone.This ends the so called Rich only get richer myth in Proof of Stake. The Energy Efficiency of Proof of Stake verses Proof of Work can not be denied. *Interesting enough the Miners that are rich that get richer , no one worries about in Proof of Work.* Due to the financial costs of running warehouses full of ASICS, has Centralized Bitcoin mining to the Already Rich.For the first bolded point, this is the flaw, there is no 'assuring' that. Look at the disaster our 'trusted third party' banks have done. As for the second point in bold, the miners also SUPPORT the network and therefore deserve the fees, this is why it is called 'Proof of Work.' As for the energy efficiency argument, I've said this many times. Alternative energy is possible and if we were to take Bitcoin Cash as seriously as far a making it a globally adopted currency, billions would be invested into these alternative energy sources if the desire was there. China runs on coal and thats the problem, not Bitcoin Cash. Lets also remember how many bank related services would not be running 24/hours a day. The energy efficiency articles are often overstatements without any real factual backing. Those statistics are often kept quiet. Its important to care about the environment for future generations, but there are alternatives here. Their is no flaw, Bankers use a Loan System to Create Unlimited Sums out of thin air, of which they have completely Centralized Control. A Well Designed Proof of Stake System using ULI is Decentralized , as no one can confiscate or deny transactions like in the banking system. As far as your alternative energy , that is beyond nonsense. The alternative energy is growing at 2.6% per year max and that is projected until 2040. It is a joke, at the insane rate bitcoin is pulling power, you need a New Nuclear Power Plant running at full capacity almost on a bi-weekly basis starting in late 2019 . Due to regulatory restrictions , that is never going to happen. The more likely scenario is that World Governments begin blocking Bitcoin Mining and only allow their chosen few to receive the electricity for bitcoin mining. This gives the world governments the power to choose only those that will comply with their requests on which transactions to include in the blockchain and which address to blacklist. They may not be able to steal the funds, but they will force the miners to freeze in place anyone's bitcoin they so deem enemies of the state. The Insane Energy waste is a security vulnerability because it further increases Centralization of bitcoin , not a security benefit as some in here so foolishly believe. In the end result , a Centralized bitcoin will be no better than a Centralized Banking System. Decentralization is the key to avoiding Government Control and Censorship from Totalitarian Regimes. Power, regulations, centralisation. At the end of the day the power is in the hands of the wealth and they will regulate the control. And it ain't gonna be zeitcoin.
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Worried about my trust rating? I am too. Bitcointalk users ‘Lauda’ and ‘gmaxwell’ have abused their superior powers in trust system to align their views with the ‘correct views.’ In no legal system in any jurisdiction do we have a definition for what Bitcoin is, they do not have the power to tell us what it is based on the rule of law.
|
|
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Zin-Zang
Member
Offline
Activity: 364
Merit: 13
Killing Lightning Network with a 51% Ignore attack
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June 04, 2018, 07:52:22 PM Last edit: June 04, 2018, 08:05:12 PM by Zin-Zang |
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Proof of Stake is no better then our central banking system with the top selling of their inflated interest.
The Answer to the above issue is easy, you design a Proof of Stake System with an Ultra Low Inflation/Interest rate. By making the rate ultra low , you assure that the system stays fair for all , and that anyone selling any amount of real value is selling from their principle and not interest alone.This ends the so called Rich only get richer myth in Proof of Stake. The Energy Efficiency of Proof of Stake verses Proof of Work can not be denied. *Interesting enough the Miners that are rich that get richer , no one worries about in Proof of Work.* Due to the financial costs of running warehouses full of ASICS, has Centralized Bitcoin mining to the Already Rich.For the first bolded point, this is the flaw, there is no 'assuring' that. Look at the disaster our 'trusted third party' banks have done. As for the second point in bold, the miners also SUPPORT the network and therefore deserve the fees, this is why it is called 'Proof of Work.' As for the energy efficiency argument, I've said this many times. Alternative energy is possible and if we were to take Bitcoin Cash as seriously as far a making it a globally adopted currency, billions would be invested into these alternative energy sources if the desire was there. China runs on coal and thats the problem, not Bitcoin Cash. Lets also remember how many bank related services would not be running 24/hours a day. The energy efficiency articles are often overstatements without any real factual backing. Those statistics are often kept quiet. Its important to care about the environment for future generations, but there are alternatives here. Their is no flaw, Bankers use a Loan System to Create Unlimited Sums out of thin air, of which they have completely Centralized Control. A Well Designed Proof of Stake System using ULI is Decentralized , as no one can confiscate or deny transactions like in the banking system. As far as your alternative energy , that is beyond nonsense. The alternative energy is growing at 2.6% per year max and that is projected until 2040. It is a joke, at the insane rate bitcoin is pulling power, you need a New Nuclear Power Plant running at full capacity almost on a bi-weekly basis starting in late 2019 . Due to regulatory restrictions , that is never going to happen. The more likely scenario is that World Governments begin blocking Bitcoin Mining and only allow their chosen few to receive the electricity for bitcoin mining. This gives the world governments the power to choose only those that will comply with their requests on which transactions to include in the blockchain and which address to blacklist. They may not be able to steal the funds, but they will force the miners to freeze in place anyone's bitcoin they so deem enemies of the state. The Insane Energy waste is a security vulnerability because it further increases Centralization of bitcoin , not a security benefit as some in here so foolishly believe. In the end result , a Centralized bitcoin will be no better than a Centralized Banking System. Decentralization is the key to avoiding Government Control and Censorship from Totalitarian Regimes. Power, regulations, centralisation. At the end of the day the power is in the hands of the wealth and they will regulate the control. And it ain't gonna be zeitcoin. Time will tell on ZEITCOIN, In your close minded nature, you are also missing the fact that a new PoW algorithm running only on CPUs would destroy ASICS Centralization and re add decentralization back into bitcoin. It would also avert the energy apocalypse in bitcoin's current future. In other words , if you pulled your head out of your ass, you would see their are additional options , only if people start acknowledging the insane energy waste is a problem. Proof of Stake is not a viable solution for Bitcoin as it requires a larger number of coins to secure the network than their 21 million limit. However , in the mean time converting to a CPU ONLY mining solution would return Bitcoin to its original roots and restore decentralization to its platform. (This coin claims to follows Satoshi Vision more than others, well when he started their were no ASICS Farms, and he only ran his mining on a CPU.)
But if in your arrogance you prefer domination by the select few rich miners that will consort with Government to control transactions, feel free as others will choose different.
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I was Red Tagged because Lauda Blows Theymos to get back on DT The rest are just lauda's personal butt monkeys=> Hhampuz , Vod, TMAN , achow101
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OWZ1337
Member
Offline
Activity: 140
Merit: 17
BITCOIN===>THE DISRUPTIVE CYBERCURRENCY
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June 04, 2018, 09:08:58 PM |
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It's a shame to watch this type of content. You'll probably agree with me on this. Bitcoin for use of a 'store of value' or 'digital gold' or for ETF adoption is perhaps the most irresponsible use for any cryptocurrency for 2 reasons.
1. Usefulness
<blah,blah>
2. Scarcity
<blah,blah>
Go home, grandpa-you're drunk. bitcoin cash is controlled by the evil banker reptilians =) #checkmate
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I am not a Financial Analyst, Investment Broker, Financial Adviser, Crypto-Guru or any sort of professional that would be deemed trustworthy! weee™
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